Two “little treasure games” driven by unconditional regret
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文摘
For repeated Traveler’s Dilemma and Minimum Effort Coordination games the short-run dynamics of expected actions can be predicted by unconditional regret matching procedure. The unconditional regret matching with bounded memory can speed up the convergence to the long-run equilibrium. The example of Pareto improving Coarse Correlated Equilibrium for Traveler’s Dilemma game is provided.